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Markets

Ford shares slide on weaker growth forecasts and losses for EV unit

Ford has been grappling with stubbornly high warranty expenses and sluggish cost-cutting efforts. In the July-September quarter, the company took $1billion (€960,000) in accounting charges to write down assets for a cancelled three-row electric SUV.

Europe News

Open markets and global finance system will endure, says AIIB

Earlier this week, Trump slapped tariffs on Canada and Mexico, only to put them on hold a day later, after the governments in both countries promised action to improve controls at their respective border with the U.S.

Economy

Investment banks warn: Trump tariffs could derail Europe's 2025 growth

Trump's tariffs could derail Europe's 2025 growth, say top Wall Street analysts. Goldman Sachs sees eurozone GDP at 0.7%, well below latest ECB projections. Key sectors such as cars and pharmaceuticals face risks, while a weaker euro may offer only limited relief.

Markets

Markets volatile as investors assess China's retaliatory tariffs on US

China announces retaliatory tariffs on the US after President Donald Trump delays tariffs on Mexico and Canada. Global markets recovered some losses from Monday’s selloff, but uncertainties remain.

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Economy

Some US businesses close in 'a day without immigrants' amid protests

Several businesses from day cares to grocery stores and hair salons closed on Monday across the US in a loosely organised day of protest against President Donald Trump's immigration policies.

USA

Trump agrees to pause tariffs on Canada and Mexico

All of the tariffs were scheduled to start at midnight on Tuesday, but both countries threatened retaliation, raising the prospects of a broader regional trade war. A 10% tariff that Trump ordered on China is still set to go into effect.

Economy

Trump, tariffs and trade wars: Who are the US’ main trading partners?

President Donald Trump swept to victory in the US election on promises to 'Make America Great Again'. As the MAGA movement turns the US inwards, what could this mean for international trade?

Tech News

Ontario premier rips up €66 million contract with Elon Musk's Starlink

The premier of Canada's largest province says he will rip up a €66 million contract with Starlink and prevent US companies from bidding on Canadian contracts as the trade war between the countries heats up.

World News

EU leaders vow to fight back if Trump imposes tariffs

EU leaders have vowed unity against Trump's tariffs as they gather in Brussels to discusses defence and security issues.

Canada

Canadian sports fans boo US anthem after Trump tarrifs

Fans at NBA and NHL matches in Canada jeered peformances of the US national anthem after US President Donald Trump imposed steep tariffs.

Economy

Eurozone inflation tops forecasts, but euro tumbles on tariff fears

Eurozone inflation exceeded forecasts in January, reaching 2.5%, but the euro weakened as fears of US tariffs overshadowed expectations of a hawkish ECB response. European stocks tumbled, with auto shares hit hardest, while bond yields fell as investors sought safety.

Economy

China renews threat to retaliate against US tariffs after Trump move

US President Donald Trump's trade war with Canada, Mexico and China is hotting up over the production and importation of the opiate fentanyl, along with trade surpluses and illegal border crossings by migrants from across the globe. China is angry.

World News

Trump takes aim at EU and UK in latest tariff threat

The US president on Sunday repeated his warning that the EU and UK could both face trade tariffs, though he added that things with the UK "can be worked out".

Markets

Global markets roil after Trump's tariffs on Canada, Mexico and China

The world's financial markets are in turmoil amid fears over an all-out global trade war after US President Donald Trump imposed blanket tariffs on Canada, Mexico, and China.

World News

Trump's trade war triggers retaliation from Canada and Mexico

President Trump declared an economic emergency so that he could place duties of 10% on all imports from China and 25% on imports from Mexico and Canada.

USA

US businesses fear Trump's tariffs will trigger inflation

The Budget Lab at Yale University estimates Trump's tariffs would cost the average American household 965 euros to 1,160 euros in annual purchasing power.

USA

Trump's new tariffs spark trade war with Canada and Mexico

President Trump declared an economic emergency so that he could place duties of 10% on all imports from China and 25% on imports from Mexico and Canada.

Markets

Could it cost you more to wake up and smell the coffee under Trump?

Apart from the Colombian tariffs threatened by US president Donald Trump, coffee prices have also been hit by poor harvests in Brazil which is one of the commodities main producers.

Business

Trump warns tariffs on Canada and Mexico are coming on Saturday

President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.

Business

Germany lowers 2025 economic growth forecast to 0.3%

The uncertainty about US trade policy in the wake of Donald Trump's presidency is partly to blame, economy minister Robert Habeck said on Wednesday.

Stay updated with the latest news on tariffs, including policy changes, economic impact, and global trade implications. Our coverage provides expert insights and thorough analysis on how tariffs are shaping international markets.